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Easily convert MYR to XDR with ConvertOnline's efficient tool.
The Malaysian Ringgit (MYR) is the official currency of Malaysia, symbolized by 'RM'. It is used in all financial transactions within the country and is sub-divided into 100 sen, allowing for smaller denominations in everyday purchases.
Special Drawing Rights (XDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. It is not a currency in the traditional sense but rather a financial instrument that can be exchanged among member countries for freely usable currencies to stabilize their economies and support international trade.